The price has reached three strong and valid support levels:
1. Static support zone
2. Lower boundary of the descending channel
3. Mid-band support of the pitchfork
It seems that if any correction occurs, it will likely be more of a time correction rather than a significant price drop. I don’t anticipate any major decline for this asset.
1. Static support zone
2. Lower boundary of the descending channel
3. Mid-band support of the pitchfork
It seems that if any correction occurs, it will likely be more of a time correction rather than a significant price drop. I don’t anticipate any major decline for this asset.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.